Making finance more rewarding

Helping borrowers and investors achieve more (for less) with peer-to-peer lending.

Making finance more rewarding with peer-to-peer lending

How can we help you achieve more?


Achieve more with Australia’s most-loved personal loan

  • Enjoy low personalised rates on personal loans, car loans and green loans that reward your good credit history.
  • Winner of Canstar’s Outstanding Value Award for five years running (2015, 2016, 2017, 2018 and 2019).
  • Flexible terms from 6 months to 5 years for loans between $2,001 and $45,000 with no monthly or early repayment fees.

savvy personal loans shopper
Canstar Outstanding Value Personal Loan 2019
Canstar Outstanding Value Personal Loan 2018
Canstar Outstanding Value Personal Loan 2017
Canstar Outstanding Value Personal Loan 2016
Canstar Outstanding Value Personal Loan 2015


Start investing with as little as $10 and earn up to 7.6% p.a.

  • Earn up to 7.6% per annum investing in the stable, established asset class of consumer loans.
  • You’re in control of your investment. Choose a term that suits you and set your own rate in one of our four lending markets.
  • Provision Fund protection helps protect your returns. Whilst no guarantee, no investor has lost a cent of interest or principal as due.
smart investing with peer-to-peer lending
RateSetter in the Australian Financial Review
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RateSetter in The Australian Newspaper
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RateSetter in the Sydney Morning Herald

About RateSetter

We think Australian investors should get more and borrowers should pay less. Through our peer-to-peer lending platform we’re able to connect those who have money to invest with those who want to borrow it, providing better value for everyone. RateSetter launched as Australia’s first true peer-to-peer lender in 2014. We are licensed to provide services to all Australians, not just wholesale and sophisticated investors. So far we have funded over $650m in loans to over 40,000 people and attracted over 18,000 registered retail investors.

*Comparison rates for loans over 1, 2 and 3 years are based on an unsecured personal loan of $10,000 over 36 months. Comparison rates for loans over 4 and 5 years are based on an unsecured personal loan of $30,000 over 60 months. Rates shown assume a customer with an excellent credit history and are current as at 12am, 19 February 2020. RateSetter credit criteria and terms and conditions apply. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Representative Example: Based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $11,413. This represents a comparison rate of 8.46% p.a. and includes all interest and fees included in your loan repayments over the life of the loan. RateSetter personal loans are available for a minimum of 6 months to a maximum of 5 years. Interest rates range from 6.79% p.a. (comparison rate 8.46% p.a.) to 14.99% p.a. (comparison rate 25.65% p.a.). Rates are subject to change depending on the rates offered in our Lending Markets.

”Earn up to” rate represents the last matched rate in the 5 Year Income lending market as at 12am, 19 February 2020. Rates are not set by RateSetter and are subject to supply and demand of borrower and investor funds in each market.

^Rates shown are last matched rates, displayed on an annualised basis and net of applicable fees as at 12am, 19 February 2020. Lender rates may assume payments received are continually reinvested at the stated rate and assume your investment is protected by the Provision Fund in the event of any borrower late payment or default, however, there is no guarantee nor warranty as to any protection from the Provision Fund. Fees apply for using early access feature. See the Product Disclosure Statement for details.